Duluth Metals Announces Twin Metals Initial Organization Appointments for the Nokomis Joint Venture Project

By Duluth Metals Limited, PRNE
Tuesday, October 26, 2010

TORONTO, October 27, 2010 - Duluth Metals Limited ("Duluth Metals") (TSX: DM) (TSX:DM.U) today
announced that Twin Metals Minnesota LLC ("Twin Metals") has appointed a
Board of Directors, CEO and a highly qualified Technical Committee in its
initial organizational appointments. The new Directors and Technical
Committee appointments are equally distributed between Duluth Metals and
Antofagasta plc ("Antofagasta") with the Chairman position rotating every 12
months. On October 5-6, 2010, the Board held its second meeting and the
Technical Committee held its inaugural meeting in Ely, Minnesota.

"Twin Metals has assembled a high calibre management and technical team
to advance the Nokomis Project through the various development stages."
stated Christopher Dundas, Chairman and CEO of Duluth Metals. "Twin Metals
have started the pre-feasibility stage of the Nokomis Project which will
focus on mine planning, engineering studies, trade-off analyses,
metallurgical and environmental studies, project optimization, continued
drilling and an updated resource estimate incorporating the drill results
over the last year."

The new CEO of Twin Metals is Juan Andres Morel, Mining Eng., MBA, and
previous General Manager at Antofagasta's El Tesoro Mine in Chile. Prior to
joining Antofagasta, he worked at CODELCO Chile, Meridian Gold Inc., and Amax
Gold Inc. He has over 20 years of management experience in both underground
and open pit mining operations including El Teniente, Andina and El Penon.

The Board of Directors has six members with Christopher Dundas, James
and Tom Pugsley appointed from Duluth Metals, and Francisco Walther,
William Hayes, and Gary Loving appointed from Antofagasta. The Chairman of
Twin Metals for the first year will be Christopher Dundas, currently Chairman
and CEO of Duluth Metals.

The Technical Committee has six members appointed equally from Duluth
Metals and Antofagasta. Members on the Technical Committee appointed by
Duluth Metals include:

    - Vern Baker, Mining Eng., MBA, current President of Duluth Metals and a
      highly experienced mining executive with a focus on underground
      operations having previously been the General Manager at the
      Goldstrike mine in Nevada (Barrick Gold Corporation), the Homestake
      mine in South Dakota (Homestake Gold), the Hemlo mine in Ontario (
      JV operation of Teck and Barrick), the Stillwater mine in Montana
      (Stillwater) and most recently, VP Operations for FNX Mining in

    - Andrew Hara, Mining Eng., currently an Advisory Board Member for Duluth
      Metals and mining consultant with over 30 years of international mining
      experience previously with Noranda Inc., Falconbridge Ltd - Kidd Creek
      Mines, Denison-Potacan Potash Company, CANMET, and K.G.H.M (Polish
      Copper Mines);

    - Chris Flemming, Ph.D. Chemistry, currently senior metallurgical
      consultant with SGS Minerals and previously held senior management
      positions with SGS Lakefield Research and Mineral Services from 1990

    Members on the Technical Committee appointed by Antofagasta include:

    - Francisco Walther, Mining Eng., M.Sc. Mineral Economics, with 25 years
      of experience in underground and open pit mining operations and
      engineering, currently with Antofagasta Minerals S.A. Group and
      previously with CODELCO Chile and NCL Mining Engineering and

    - G. Holger Bannach, Chemical Eng., with over 30 years of experience,
      currently Process Engineering Manager with Antofagasta Minerals and
      previously with CODELCO Chile, Compania del Cobre Chuquicamata,
      Chile Copper Ltd and Chile Exploration Company (The Anaconda Company);

    - Guillermo Muller Masser, Mining Geologist with over 25 years of geology
      and mine reserve experience, currently Manager of Resources Evaluation
      in the Vice-Presidency of Mining Resources of Antofagasta Minerals
      (AMSA) and previous with CODELCO where his last post was Director of

About Duluth Metals

Duluth Metals is committed to acquiring, exploring and developing copper,
nickel and platinum group metal (PGM) deposits. Duluth Metals has a joint
venture with Antofagasta plc on the Nokomis Project, located within the
rapidly emerging Duluth Complex mining camp in north-eastern Minnesota. The
Duluth Complex hosts one of the world's largest undeveloped repositories of
copper, nickel and PGMs, including the world's third largest accumulation of
nickel sulphides, and one of the world's largest accumulations of
polymetallic copper and platinum group metals. Aside from the joint venture,
Duluth Metals retains a 100% position on approximately 31,000 acres of
mineral interests on exploration properties adjacent to and nearby the
Nokomis joint venture.

About Twin Metals Minnesota LLC

Twin Metals Minnesota LLC is a new joint venture company, which is 60% owned
by Duluth Metals and 40% by Antofagasta plc. The joint venture's principal
asset is called the Nokomis Project, located within the Duluth Complex mining
camp in north-eastern Minnesota.

"This document may contain forward-looking statements (including
"forward-looking information" within the meaning of applicable Canadian
securities legislation and "forward-looking statements" within the meaning of
the US Private Securities Litigation Reform Act of 1995) relating to, among
other things, the operations of Duluth Metals, the environment in which it
operates, timing and amount of capital expenditures, results of exploration
and mine development, the availability of funding to Duluth Metals and timing
of geological reports. Such statements are based on operations, estimates,
forecasts and projections. They are not guarantees of future performance and
involve known and unknown risks, uncertainties and other factors that are
difficult to predict and may be beyond the control of Duluth Metals. A number
of important factors could cause actual outcomes and results to differ
materially from those expressed in forward-looking statements, including
those set forth in the annual information form under the heading "Risk
Factors" and in the other public filings of Duluth Metals. Consequently,
undue reliance should not be placed on such forward-looking statements. In
addition, all forward-looking statements in this press release are given as
of the date hereof. Duluth Metals disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, save and except as may be required
by applicable securities laws.

    For further information:

    Mara Strazdins,
    Director of Corporate Communications
    +1(416)-369-1500 ext 222

    Christopher Dundas
    Chairman & CEO

For further information: Mara Strazdins, Director of Corporate Communications, +1(416)-369-1500 ext 222, mstrazdins at duluthmetals.com; Christopher Dundas, Chairman & CEO, +1(416)-369-1500, cdundas at duluthmetals.com

will not be displayed